November 2015 Archives

The markets extended its losses to close lower with the Dow tumbling 78 points to 17,719 as investors weighed record Cyber Monday sales against lackluster Black Friday numbers. Nasdaq lost 18 points to 5,108.


On the upside


MagneGas (Nasdaq: MNGA) has received multiple requests for demonstrations and private meetings after exhibiting its technology at the Florida Defense Contractors Association Expo.


Bargain hunters lifted shares of EXCO Resources (NYSE: XCO).


The Food and Drug Administration accepted the New Drug Application for an extended release formulation of lorcaserin that was developed by Arena Pharmaceuticals (Nasdaq: ARNA) and Eisai.

 

On the downside


unique (Nasdaq: QURE) widened third quarter losses.


The Brazilian government will sue Vale (NYSE: VALE) and BHP (NYSE: BHP) for $5.2 billion in damages caused when a dam that is owned by the two mining companies burst.


Macrocure (Nasdaq: MCUR) announced the resignations of board chair David Ben-Ami, chief medical officer Dr. Michael Molyneaux and chief financial officer Mark Page.


In the broad market, declining issues outpaced advancers by a margin of 9 to 7 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 lost 9 points to 2,080. Bitcoin rose $5 to $376. 

The markets turned negative during the midday with the Dow falling 52 points to 17,746 as pending home sales edged up a disappointing 0.2% in October. Nasdaq dropped 25 points to 5,102.


On the upside


Shares of Harvard Apparatus Regenerative Technology (Nasdaq: HART) continued to surge.


China Information Technology (Nasdaq: CNIT) stock continued climbing.


Geron (Nasdaq: GERN) chief executive John A. Scarlett, M.D. will present at the Piper Jaffray 27th Annual Healthcare Conference on December 2 and at the Oppenheimer 26th Annual Healthcare Conference on December 9.

 

On the downside


SuperCom (Nasdaq: SPCP) reported disappointing preliminary third quarter revenue.


Profit taking weighed down shares of Cyclacel Pharmaceuticals (Nasdaq: CYCC).


Investors locked in profits on Aeterna Zentaris (Nasdaq: AEZS).


In the broad market, declining issues outpaced advancers by a margin of nearly 10 to 9 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 lost 4 points to 2,085. Bitcoin held steady at $370. 

The markets opened flat with the Dow losing 7 points to 17,791 over a disappointing start to the holiday shopping season. Nasdaq slipped 2 points to 5,125.


On the upside


Oramed Pharmaceuticals (Nasdaq: ORMP) signed a $50 million license and investment agreement with Hefei Tianhui Incubator Technologies for exclusive rights to market Oramed's oral insulin capsule in China.


Additional data has been published that supports the effectiveness of Anavex Life Sciences' (Nasdaq: AVXL) ANAVEX 3-71 in treating Alzheimer's disease.


iKang Healthcare Group (Nasdaq: KANG) received an offer from a consortium of investors to take the company private for a premium of $22 per share in cash.

 

On the downside


Computer Sciences (NYSE: CSC) completed the spinoff of its government business into a separate publicly traded company, CSRA (NYSE: CSRA).


SunEdison (NYSE: SUNE) stock extended its losses.


Investors locked in profits on Xenoport (Nasdaq: XNPT).


In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 slipped 3 point2 to 2,087. Bitcoin edged up a fraction to $371. 

The markets closed mixed on a shortened trading day with the Dow losing 14 points to 17,798 over a disappointing start to the holiday shopping season. Nasdaq rose 11 points to 5,127.


On the upside


The Food and Drug Administration will review Repros Therapeutics' (Nasdaq: RPRX) secondary hypogonadism treatment Androxal on Monday.


Bargain hunters lifted shares of Harvard Apparatus Regenerative Technology (Nasdaq: HART).


Shares of The9 Limited (Nasdaq: NCTY) continued climbing.

 

On the downside


Retreating crude oil prices weighed down shares of Bonanza Creek Energy (NYSE: BCEI) and Stone Energy (NYSE: SGY).


Vale (NYSE: VALE) was removed from the BM&FBovespa's corporate sustainability index.


SouFun Holdings (NYSE: SFUN) stock fell along with a drop in Chinese stocks.


In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on the NYSE and by 5 to 3 on Nasdaq. The broader S&P 500 added a point to 2,090. Bitcoin gained $8 to $355. 

The markets opened lower with the Dow falling 41 points to 17,772 as Chinese stocks dropped amidst a China Securities Regulatory Commission investigation into brokerages. Nasdaq added 2 points to 5,119.


On the upside


Bargain hunters lifted shares of e-Future Information Technology (Nasdaq: EFUT).


KaloBios (Nasdaq: KBIO) chief executive Martin Shkreli tweeted that he would no longer lend stock to short sellers.


Shares of Macrocure (Nasdaq: MCUR) extended its gains.

 

On the downside


Shares of Alibaba (NYSE: BABA) fell as the Chinese government launched an investigation into three Chinese brokerages.


Disney's (NYSE: DIS) ESPN lost 3 million subscribers.


Petrobras (NYSE: PBR) stock continued to fall.


In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 5 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 slipped a point to 2,087. Bitcoin rose $3 to $350. 

U.S. markets closed

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U.S. markets are closed for Thanksgiving.

The markets closed flat with the Dow adding a point to 17,813 as consumer spending barely edged up 0.1% last month. Nasdaq gained 13 points to 5,116.


On the upside


The9 Limited (Nasdaq: NCTY) signed an exclusive five-year license agreement to publish and operate Cross Fire 2 in mainland China.


Cancer Genetics (Nasdaq: CGIX) will present at the Piper Jaffray Healthcare Conference in New York next week.


Shares of Stage Stores (NYSE: SSI) extended its gains.

 

On the downside


Citigroup analyst Sophie Karp revoked her rating and price target on TerraForm Global (Nasdaq: GLBL).


EXCO Resources (NYSE: XCO) received the requisite consents to amend the indentures that are governing its 7.50% senior notes due 2018.


Brazilian authorities arrested Senator Delcidio do Amaral for interfering with the corruption investigation of Petrobras (NYSE: PBR).


In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 eased a fraction to 2,088. Bitcoin rose $8 to $326. 

Markets advance on lower jobless claims

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The markets advanced during the midday with the Dow gaining 28 points to 17,840 as jobless claims fell more than expected. Nasdaq rose18 points to 5,121.


On the upside


Broad Street Alerts noted that Genetic Technologies (Nasdaq: GENE) was one of four emerging biotechnology stocks with fundamental strength.


Bargain hunters lifted shares of Macrocure (Nasdaq: MCUR).


Shares of Bon-Ton Stores (Nasdaq: BONT) extended its gains.

 

On the downside


UBS downgraded TerraForm Power (Nasdaq: TERP) from a Neutral rating to a Sell rating.


UBS analyst Julien Dumoulin-Smith downgraded SunEdison (NYSE: SUNE) from a Neutral rating to a Sell rating.


Profit taking weighed down shares of Voltari (Nasdaq: VLTC).


In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 rose 3 points to 2,092. Bitcoin gained $5 to $324. 

Drop in jobless claims lift markets

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A drop in first time applications for unemployment benefits lifted the markets to a higher open with the Dow rising 25 points to 17,837. Nasdaq gained 14 points to 5,116.


On the upside


Shares of KaloBios Pharmaceuticals (Nasdaq: KBIO) surged again.


Bargain hunters lifted shares of Aeterna Zentaris (Nasdaq: AEZS).


Guess? (NYSE: GES) reported third quarter earnings that beat expectations.

 

On the downside


Fourth quarter earnings and revenue for HP (NYSE: HPQ) fell short of expectations.


Abengoa Yield (Nasdaq: ABY) held discussions with its creditors to begin insolvency proceedings.


Shares of Brocade Communications (Nasdaq: BRCD) extended its losses.


In the broad market, declining issues barely edged out advancers by a slim margin on the NYSE while advancers outpaced decliners by nearly 5 to 4 on Nasdaq. The broader S&P 500 added a point to 2,090. Bitcoin rose $4 to $323. 

Markets turn positive as GDP expands

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Despite geopolitical concerns, the market closed modestly higher with the Dow gaining 19 points to 17,812 as the gross domestic product expanded more than expected. Nasdaq held steady at 5,102.


On the upside


Shares of Voltari (Nasdaq: VLTC) more than doubled on no news.


Bon-Ton Stores (Nasdaq: BONT) announced that its Cyber Monday deals will be available Sunday, November 29 through Monday, November 30.


TrueCar (Nasdaq: TRUE) forecast higher sales for November.

 

On the downside


Evine Live (Nasdaq: EVLV) widened third quarter losses more than expected.


Third quarter earnings plunged for Daktronics (Nasdaq: DAKT) to fall far short of expectations.


Xcerra (Nasdaq: XCRA) fell to a greater than expected loss for the third quarter as revenue dropped and the company forecast current quarter results below estimates.


In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 added 2 points to 2,089. Bitcoin lost $2 to $318. 

Concerns about the global markets were tempered by the Commerce Department's report that the nation's economy expanded by a greater than expected 2.1% rate in the third quarter. The markets traded mixed during the midday with the Dow rising 6 points to 17,799 while Nasdaq lost 15 points to 5,086.


On the upside


SunEdison (NYSE: SUNE) will sell to TerraForm Global (Nasdaq: GLBL) solar projects in India that will generate 425 megawatts of capacity.


Petrobras (NYSE: PBR) narrowed losses for the third quarter.


Bargain hunters lifted shares of Clovis Oncology (Nasdaq: CLVS).

 

On the downside


Profit taking weighed down shares of Macrocure (Nasdaq: MCUR).


A patient being treated with Aduro Biotech's (Nasdaq: ADRO) CRS-207 developed listeriosis.


Investors locked in profits on KaloBios Pharmaceuticals (Nasdaq: KBIO).


In the broad market, declining issues outpaced advancers by a margin of nearly 10 to 9 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 slipped 2 points to 2,084. Bitcoin eased a fraction to $320. 

The markets opened lower with the Dow falling 56 points to 17,735 after Turkey shot down a Russian fighter jet. Nasdaq dropped 26 points to 5,075.


On the upside


Aeterna Zentaris (Nasdaq: AEZS) announced that the final Series B Common Share Purchase Warrants have been exercised.


Citigroup upgraded Avon Products (NYSE: AVP) from a Neutral rating to a Buy rating and lifted its price target from $3.50 to $5.


Pinnacle Foods (NYSE: PF) will acquire Boulder Brands (Nasdaq: BDBD) in a deal valued at approximately $975 million including the assumption of debt.

 

On the downside


Uni-Pixel (Nasdaq: UNXL) priced its public offering of more than 9.625 million units at the discounted price of $0.85 per unit.


Deutsche Bank downgraded Infoblox (NYSE: BLOX) from a Hold rating to a Sell rating and slashed its price target from $20.00 to $13.00.


Brocade Communications Systems (Nasdaq: BRCD) reported higher fourth quarter earnings and revenue but forecast disappointing current quarter results prompting a downgrade.


In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 3 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 lost 5 points to 2,081. Bitcoin slipped $1 to $321. 

A drop in existing home sales weighed the markets down to a lower close with the Dow falling 31 points to 17,792. Nasdaq slipped 2 points to 5,102.


On the upside


Shares of Aeterna Zentaris (Nasdaq: AEZS) surged after completing its 1-for-100 reverse stock split on Friday.


Bargain hunters lifted shares of Universal Insurance Holdings (NYSE: UVE).


Shares of Uni-Pixel (Nasdaq: UNXL) rose again.

 

On the downside


Investors locked in profits on Pampa Energia (NYSE: PAM).


Pfizer (NYSE: PFE) will pay approximately $160 billion to acquire Allergan (NYSE: AGN).


Profit taking weighed down shares of Valeant Pharmaceuticals (NYSE: VRX).


In the broad market, advancing issues barely edged out decliners by a slim margin on the NYSE and by more than 9 to 7 on Nasdaq. The broader S&P 500 slipped 2 points to 2,086. Bitcoin edged up a fraction to $322. 

The markets traded mixed during the midday with the Dow slipping 4 points to 17,819 as existing home sales fell in October. Nasdaq added 11 points to 5,116.


On the upside


StockMarketLeader.com identified Macrocure (Nasdaq: MCUR) as one of four stocks under $500 million market capitalization with strong upside potential.


eFuture Information Technology (Nasdaq: EFUT) corrected its third quarter financial results.


Shares of Celladon (Nasdaq: CLDN) extended its gains.

 

On the downside


Shares of Arch Coal (NYSE: ACI) fell below $1.


Investors locked in profits on MannKind (Nasdaq: MNKD).


Profit taking continued to weigh down shares of Violin Memory (NYSE: VMEM).


In the broad market, advancing issues outpaced decliners by a margin of 5 to 3 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 added 3 points to 2,092. Bitcoin edged up a fraction to $322. 

The markets opened higher with the Dow rising 23 points to 17,847 after Saudi Arabia said that it would help stabilize the oil market. Nasdaq gained 15 points to 5,120.


On the upside


SunEdison (NYSE: SUNE) promoted board chair Emmanuel T. Hernandez to the position of executive chair and named chief executive officer Brian Wuebbels to the position of chief executive officer of TerraForm Power (Nasdaq: TERP) and TerraForm Global (Nasdaq: GLBL).


TeleCommunication Systems (Nasdaq: TSYS) will be acquired by Comtech Telecommunications (Nasdaq: CMTL) in an all cash deal valued at approximately $430.8 million.


Shares of KaloBios Pharmaceuticals (Nasdaq: KBIO) continued soaring.

 

On the downside


GameStop (NYSE: GME) reported lower third quarter earnings and revenue that fell short of analyst expectations and forecast current quarter earnings below estimates.


Atlas Resource Partners (NYSE: ARP) amended its credit facility and completed its semi-annual redetermination of its credit facility borrowing base.


Applied DNA Sciences (Nasdaq: APDN) announced an $8.75 million registered direct offering.


In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE and by nearly 7 to 5 on Nasdaq. The broader S&P 500 added 4 points to 2,094. Bitcoin edged up a fraction to $322. 

Strong earnings lift markets

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Strong earnings lifted the markets to a higher close with the Dow climbing 91 points to 17,823. Nasdaq gained 31 points to 5,104.


On the upside


Celldex Therapeutics (Nasdaq: CLDX) reported positive results from a Phase 2 of RINTEGA(R) to treat brain cancer.


Aegean Marine Petroleum (NYSE: ANW) swung to a greater than expected profit for the third quarter.


Bargain hunters lifted shares of Yelp (NYSE: YELP).

 

On the downside


The E. coli outbreak at Chipotle (NYSE: CMG) has spread to six states.


Shares of U.S. Steel (NYSE: X) fell on lower steel prices.


Falling crude oil prices weighed down shares of Chesapeake Energy (NYSE: CHK).


In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 2 on the NYSE and by 5 to 3 on Nasdaq. The broader S&P 500 rose 7 points to 2,089. Bitcoin lost $3 to $320. 

Markets higher at midday

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The markets traded higher during the midday with the Dow climbing 109 points to 17,842. Nasdaq gained 35 points to 5,109.


On the upside


Bargain hunters continued to snap up shares of Macrocure (Nasdaq: MCUR).


Hibbett Sports (Nasdaq: HIBB) reported higher third quarter earnings that beat expectations.


Tiger Global Management increased its stake in Vipshop Holdings (NYSE: VIPS).

 

On the downside


Shares of Navios Maritime (NYSE: NM) fell ahead of its earnings release before market open on Monday, November 23.


Keysight Technologies (NYSE: KEYS) reported higher fourth quarter earnings but the company forecast current quarter results below expectations.


Profit taking continued to sink shares of PTC Therapeutics (Nasdaq: PTCT).


In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by 2 to 1 on Nasdaq. The broader S&P 500 gained 11 points to 2,092. Bitcoin fell $3 to $320. 

Higher open on Draghi's comments

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The markets opened sharply higher with the Dow soaring 148 points to 17,880 after European Central Bank president Mario Draghi said that the ECB was prepared to stimulate the euro zone economy. Nasdaq climbed 32 points to 5,105.


On the upside


24/7 Wall St. noted that Sarepta Therapeutics (Nasdaq: SRPT) Duchenne muscular dystrophy treatment eteplirsen was superior to competing products.


KaloBios (Nasdaq: KBIO) named Martin Shkreli to the position of chief executive officer.


Abercrombie & Fitch (NYSE: ANF) reported sharply higher third quarter earnings that beat expectations by a wide margin.

 

On the downside


Nimble Storage (NYSE: NMBL) reported a wider than expected loss for the third quarter.


Mentor Graphics (Nasdaq: MENT) reported lower third quarter earnings that fell short of expectations and forecast current quarter results below estimates.


Universal Insurance Holdings (NYSE: UVE) issued a response to misleading and inaccurate allegations against the company but the stock price dropped.


In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on both the NYSE and on Nasdaq. The broader S&P 500 climbed 13 points to 2,094. Bitcoin lost $3 to $321. 

Flat close as crude oil slips

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The markets closed flat with the Dow slipping 4 points to 17,732 as crude oil prices edged down. Nasdaq eased a point to 5,073.


On the upside


Citi Credit Research initiated coverage of Valeant Pharmaceuticals (NYSE: VRX) with an Overweight rating.


Shares of Match Group (Nasdaq: MTCH) surged on its first trading day.


Square (NYSE: SQ) stock leaped in its market debut.

 

On the downside


Geospace Technologies (Nasdaq: GEOS) widened losses for the fourth quarter.


Shares of TerraForm Power (Nasdaq: TERP) fell for the fourth straight day.


PTC Therapeutics (Nasdaq: PTCT) completed enrollment in a Phase 3 clinical trial of Translarna for patients with nonsense mutation cystic fibrosis but the stock price tumbled.


In the broad market, advancing issues outpaced decliners by a margin of 10 to 9 on the NYSE while decliners edged out advancers by more than 9 to 7 on Nasdaq. The broader S&P 500 slipped 2 points to 2,081. Bitcoin lost $7 to $326. 

Markets mixed as jobless claims drop

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The markets traded mixed during the midday with the Dow losing 8 points to 17,728 as jobless claims dropped and crude oil prices slipped. Nasdaq added 3 points to 5,078.


On the upside


Shares of Harvard Apparatus Regenerative Technology (Nasdaq: HART) continued to soar.


Third quarter earnings and revenue surged for Ctrip.com (Nasdaq: CTRP).


Anavex Life Sciences (Nasdaq: AVXL) will present preclinical epilepsy data for ANAVEX 2-73 at the American Epilepsy Society Annual Meeting in December.

 

On the downside


Bon-Ton Stores (Nasdaq: BONT) widened third quarter losses more than expected as revenue fell prompting the retailer to lower its full year forecast.


Stage Stores (NYSE: SSI) reported a greater than expected loss for the third quarter and cut its full year earnings outlook.


Universal Insurance Holdings' (NYSE: UVE) board of directors affirmed its confidence in and support of the company's management team but the stock price tumbled.


In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE while decliners edged out advancers by more than 10 to 9 on Nasdaq. The broader S&P 500 lost 3 points to 2,079. Bitcoin dropped $9 to $324. 

Lower open as IPOs disappoint

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The markets opened lower with the Dow slipping 4 points to 17,732 on disappointing initial public offerings from two technology companies. Nasdaq eased a fraction to 5,074.


On the upside


Turing Pharmaceuticals chief executive Martin Shkreli bought more than 50% of KaloBios Pharmaceuticals (Nasdaq: KBIO) stock.


Celladon (Nasdaq: CLDN) will merge with Eiger BioPharmaceuticals.


Keurig Green Mountain (Nasdaq: GMCR) reported a greater than expected profit for the fourth quarter.

 

On the downside


Falling crude oil prices weighed down shares of Chesapeake Energy (NYSE: CHK).


Kirkland's (Nasdaq: KIRK) fell to an unexpected loss for the third quarter, forecast current quarter results below estimates and lowered its full year earnings outlook.


JinkoSolar Holding (NYSE: JKS) reported lower third quarter earnings even as revenue soared.


In the broad market, advancing issues barely edged out decliners by a slim margin on the NYSE while decliners outpaced advancers more than 10 to 9 on Nasdaq. The broader S&P 500 eased a fraction to 2,082. Bitcoin fell $8 to $325. 

Minutes from the Federal Reserve's October meeting indicated a strong possibility an interest rate increase in December. Investors welcomed the news by sending the markets soaring with the Dow rocketing 247 points to 17,737. Nasdaq leaped 89 points to 5,075.


On the upside


Shares of e-Future Information Technology (Nasdaq: EFUT) climbed ahead of it earnings release on Friday.


Adeptus Health (NYSE: ADPT) will present at the 27th Annual Piper Jaffray Healthcare Conference on December 1.


Bargain hunters lifted shares of Sophiris Bio (Nasdaq: SPHS).

 

On the downside


Deutsche Bank downgraded Scorpio Bunkers (NYSE: SALT) from a Buy rating to a Hold rating.


Star Bulk Carriers (Nasdaq: SBLK) widened losses for the third quarter.


Sprint (NYSE: S) has offered to slash smartphone bills in half for customers who switch over to Sprint from a rival network.


In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 2 on the NYSE and more than 2 to 1 on Nasdaq. The broader S&P 500 leaped 33 points to 2,083. Bitcoin slipped $2 to $332. 

The markets advanced with the Dow soaring 141 points to 17,630 ahead of the release of minutes from the Federal Reserve's October meeting. Nasdaq surged 51 points to 5,037.


On the upside


Weight Watchers (NYSE: WTW) presented yesterday afternoon at the Morgan Stanley Global Consumer & Retail Conference.


Bargain hunters lifted shares of Universal Insurance Holdings (NYSE: UVE).


Aramark (NYSE: ARMK) reported higher fourth quarter earnings that topped analyst estimates.

 

On the downside


Citirix Systems (Nasdaq: CTXS) will eliminate 1,000 jobs and spin off its GoTo business.


Profit taking weighed down shares of KaloBios Pharmaceuticals (Nasdaq: KBIO).


South Korea's Fair Trade Commission accused Qualcomm (Nasdaq: QCOM) of violating Korea competition laws.


In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and more than 5 to 3 on Nasdaq. The broader S&P 500 climbed 17 points to 2,067. Bitcoin slipped $3 to $331. 

Higher open as crude oil advances

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Rising crude oil prices lifted the markets to a higher open with the Dow climbing 86 points to 17,576. Nasdaq gained 25 points to 5,011.


On the upside


Anavex Life Sciences (Nasdaq: AVXL) will design a double-blinded, randomized, placebo-controlled Phase 2/3 study for its Alzheimer's disease treatment ANAVEX 2-73.


Vipshop Holdings (NYSE: VIPS) reported sharply higher third quarter earnings and revenue.


Gerdau (NYSE: GGB) raised $239 million through a private offering.

 

On the downside


Shares of SunEdison (NYSE: SUNE) and TerraForm Power (Nasdaq: TERP) continued falling.


Piper Jaffray cut its price target on GoPro (Nasdaq: GPRO) from $20 to $15.


ON Semiconductor (Nasdaq: ON) will pay approximately $2.4 billion in cash to acquire Fairchild Semiconductor (Nasdaq: FCS).


In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and more than 9 to 7 on Nasdaq. The broader S&P 500 gained 10 points to 2,060. Bitcoin slipped $2 to $332. 

The markets closed flat with the Dow adding 6 points to 17,489 as a drop in home builder confidence tempered enthusiasm for an upbeat factory output report. Nasdaq edged up a point to 4,986.


On the upside


Air Liquide offered a premium of approximately $10.3 billion in cash to acquire Airgas (NYSE: ARG).


Monsanto (NYSE: MON) may make another bid for Syngenta (NYSE: SYT).


Shares of Harvard Apparatus Regenerative Technology (Nasdaq: HART) rose again.

 

On the downside


Lakewood Capital Management analyst Anthony Bozza said that investors should short Universal Insurance Holdings (NYSE: UVE).


Vivint Solar (NYSE: VSLR) swung to a profit for the third quarter but shares of the solar energy distributor plunged on SunEdison's (NYSE: SUNE) woes. Vivint will be acquired by SunEdison for approximately $2.2 billion.


Brean Capital downgraded Osiris Therapeutics (Nasdaq: OSIR) from a Hold rating to a Sell rating.


In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE while advancers edged out decliners by nearly 5 to 4 on Nasdaq. The broader S&P 500 slipped 2 points to 2,050. Bitcoin climbed $7 to $334. 

Market gains extended at midday

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The markets extended its gains during the midday with the Dow climbing 73 points to 17,556 as investors welcomed an upbeat factory output report. Nasdaq rose 22 points to 5,006.


On the upside


Shares of KaloBios Pharmaceuticals (Nasdaq: KBIO) surged again after announcing on Friday after market close that the company was liquidating its assets.


Bargain hunters snapped up shares of Flotek Industries (NYSE: FTK).


Bluebird bio (Nasdaq: BLUE) stock extended its  gains.

 

On the downside


Investors locked in profits on Adeptus Health (NYSE: ADPT).


Shares of SunEdison (NYSE: SUNE) subsidiary TerraForm Power (Nasdaq: TERP) plunged along with SunEdison.


McDermott International (NYSE: MDR) stock fell after hosting its 2015 investor and analyst meeting this morning.


In the broad market, declining issues outpaced advancers by a margin of 5 to 4 on the NYSE while advancers were on par with decliners on Nasdaq. The broader S&P 500 climbed 6 points to 2,059. Bitcoin gained $6 to $333. 

Factory output edged up more than expected in October to lift the markets to a modestly higher open with the Dow rising 3 points to 17,486. Nasdaq gained 6 points to 4,990.


On the upside


Ocera Therapeutics (Nasdaq: OCRX) reported positive results from a Phase 1 study of OCR-002.


Eros International (NYSE: EROS) reported sharply higher second quarter earnings and revenue.


Nuance Communications (Nasdaq: NUAN) reported a smaller than expected loss for the fourth quarter.

 

On the downside


Dick's Sporting Goods (NYSE: DKS) disappointed with third quarter earnings and revenue that fell short of expectations prompting the company to lower its full year outlook.


Analysts downgraded Urban Outfitters (Nasdaq: URBN) after the retailer reported disappointing third quarter results and announced plans to acquire The Vetri Family restaurant group.


David Einhorn's Greenlight Capital slashed its holdings in SunEdison (NYSE: SUNE) by 6.2 million shares.


In the broad market, declining issues outpaced advancers by a margin of more than 3 to 2 on the NYSE and by nearly 7 to 5 on Nasdaq. The broader S&P 500 added a point to 2,054. Bitcoin rose $4 to $331. 

Markets surge as crude oil climbs

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Crude oil prices climbed to send the markets soaring to a sharply higher close with the Dow leaping 237 points to 17,483. Nasdaq jumped 56 points to 4,984.


On the upside


Shares of Baytex Energy (NYSE: BTE) continued to climb.


Bargain hunters snapped up shares of Sierra Wireless (Nasdaq: SWIR).


AT&T (NYSE: T) named Bill Leahy to the position of president of AT&T Georgia and president of AT&T Southeast.

 

On the downside


Shares of Hiilton Worldwide (NYSE: HLT) fell on news of Marriott's (Nasdaq: MAR) $12.2 billion acquisition of Starwood (NYSE: HOT).


Boingo Wireless (Nasdaq: WIFI) stock extended its losses.


Investors locked in profits on Sypris Solutions (Nasdaq: SYPR).


In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 soared 30 points to 2,053. Bitcoin climbed $10 to $328. 

Recovering crude oil prices lifted the markets during the midday with the Dow soaring 146 points to 17,391. Nasdaq gained 25 points to 4,953.


On the upside


Shares of e-Future Information Technology (Nasdaq: EFUT) climbed ahead of its earnings release later this week.


Gevo (Nasdaq: GEVO) entered a senior notes exchange agreement with an investor.


PRA Group (NYSE: CNX) released corporate operations and performance presentation materials.

 

On the downside


Investors continued to lock in profits on Sophiris Bio (Nasdaq: SPHS).


Profit taking weighed down shares of SunEdison (NYSE: SUNE).


Dilliard's (NYSE: DDS) disappointed with lower third quarter earnings and revenue that fell short of analyst expectations.


In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on the NYSE while decliners edged out advancers by nearly 10 to 9 on Nasdaq. The broader S&P 500 climbed 17 points to 2,040. Bitcoin gained $10 to $328. 

Markets resilient after Paris attacks

|

The markets showed resilience in the aftermath of the Paris attacks by opening higher with the Dow gaining 51 points to 17,297. Nasdaq added 3 points to 4,930.


On the upside


Petrobras (NYSE: PBR) reached an agreement with local oil worker unions.


JD.com (Nasdaq: JD) reported sharply higher third quarter revenue and forecast current quarter revenue ahead of estimates.


Bargain hunters lifted shares of Consol Energy (NYSE: CNX).

 

On the downside


The Food and Drug Administration requested additional clinical data from Clovis Oncology (Nasdaq: CLVS) for its lung cancer treatment rociletinib.


Marriott International (NYSE: MAR) will acquire Starwood Hotels & Resorts Worldwide (NYSE: HOT) in a deal valued at approximately $12.2 billion.


Vipshop Holdings (NYSE: VIPS) blamed warmer than expected weather for lowering its third quarter revenue outlook.


In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by nearly 9 to 7 on Nasdaq. The broader S&P 500 gained 7 points to 2,030. Bitcoin edged up a fraction to $318. 

Markets plummet on weak economy

|

Weak retail sales and retreating crude oil prices sent the markets into a tailspin with the Dow collapsing 202 points to 17,245. Nasdaq plummeted 77 points to 4,927.


On the upside


Sypris Solutions (Nasdaq: SYPR) won a long term contract to supply axle shafts to Volvo.


Concordia Healthcare (Nasdaq: CXRX) reported a smaller than expected loss for the third quarter as revenue surged.


Blue Buffalo Pet Products (Nasdaq: BUFF) reported better than expected earnings for the third quarter.

 

On the downside


MaxPoint Interactive (NYSE: MXPT) widened losses for the third quarter and forecast current quarter revenue that fell short of expectations.


Bsquare (Nasdaq: BSQR) reported higher third quarter earnings and revenue but the stock price plunged.


Shares of Eros International (NYSE: EROS) plunged again as more law firms initiated investigations into the Indian language film distributor for fraud.


In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 3 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 plummeted 22 points to 2,023. Bitcoin slipped $1 to $336. 

Falling crude oil prices along with disappointing retail sales weighed the markets down during the midday with the Dow dropping 87 points to 17,360. Nasdaq tumbled 34 points to 4,970.


On the upside


Darling Ingredients (NYSE: DAR) fell to a loss for the third quarter but revenue beat expectations.


Springleaf Holdings (NYSE: LEAF) reached a settlement with the Justice Department that will allow the company to complete its acquisition of OneMain Financial Holdings.


Tahoe Resources (NYSE: TAHO) reported sharply higher third quarter revenue.

 

On the downside


Pacific Crest downgraded GameStop (NYSE: GME) from an Overweight rating to a Sector Weight rating.


J.C. Penney (NYSE: JCP) narrowed losses for the third quarter but concerns about retail sales sent shares of the department store tumbling.


Fitbit (NYSE: FIT) priced its downsized public offering of 17 million common shares at the discounted price of $29.00 per share.


In the broad market, declining issues outpaced advancers by a margin of 5 to 3 on the NYSE and by more than 9 to 7 on Nasdaq. The broader S&P 500 fell 9 points to 2,036. Bitcoin eased a fraction to $330. 

Lower open as retail sales disappoint

|

The markets opened lower with the Dow tumbling 97 points to 17,350 as retail sales rose less than expected in October. Nasdaq dropped 32 points to 4,972.


On the upside


Mylan (Nasdaq: MYL) lost its $26 billion unsolicited bid to acquire Perrigo (NYSE: PRGO).


SouFun (NYSE: SFUN) will acquire a controlling stake in Wanli.


The Food and Drug Administration will complete its review of Lipocine's (Nasdaq: LPCN) New Drug Application for LPCN 1021 by June 28, 2016.

 

On the downside


Vipshop Holdings (NYSE: VIPS) warned that third quarter revenue would fall short of previous guidance.


Fossil Group (Nasdaq: FOSL) reported lower third quarter earnings and revenue and forecast current quarter results below analyst estimates.


Third quarter earnings and revenue for Nordstrom (NYSE: JWN) missed analyst expectations prompting the retailer to cut its full year forecast.


In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 lost 8 points to 2,037. Bitcoin held steady at $331. 

The markets plunged to a sharply lower close with the Dow collapsing 254 points to 17,448 after the International Monetary Fund warned of an extended period of weak global economic growth. Nasdaq dropped 27 points to 5,039.


On the upside


Insys Therapeutics (Nasdaq: INSY) will present at the Jefferies Autumn 2015 Global Healthcare Conference.


Bargain hunters lifted shares of Sprint (NYSE: S).


Eros International (NYSE: EROS) responded to allegations of fraud by issuing a statement affirming its core business model. 

 

On the downside


Fairmount Santrol Holdings (NYSE: FMSA) fell to a greater than expected loss for the third quarter as revenue plunged.


Falling copper prices weighed down shares of Freeport-McMoRan (NYSE: FCX).


Barron's wrote that Avon (NYSE: AVP) may eliminate its dividend.


In the broad market, declining issues outpaced advancers by a margin of more than 4 to 1 on the NYSE and by nearly 3 to 1 on Nasdaq. The broader S&P 500 plunged 29 points to 2,045. Bitcoin climbed $28 to $331. 

Tumbling crude oil prices sent the markets plummeting during the midday with the Dow plunging 204 points to 17,497. Nasdaq fell 27 points to 5,039.


On the upside


MannKind (Nasdaq: MNKD) will begin listing on the Tel Aviv Stock Exchange beginning on November 15.


Bargain hunters lifted shares of Constellium (NYSE: CSTM).


Sally Beauty Holdings (NYSE: SBH) reported lower fourth quarter earnings but the stock price climbed as revenue rose. 

 

On the downside


Fourth quarter earnings slipped for Maximus (NYSE: MMS) and the company lowered its fiscal 2016 earnings outlook.


KLX (Nasdaq: KLXI) warned that it will take a $435 million impairment charge for the third quarter.


Third quarter earnings and revenue for Advance Auto Parts (NYSE: AAP) fell short of expectations prompting the company to cut its full year earnings outlook.


In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 2 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 tumbled 19 points to 2,055. Bitcoin gained $19 to $322. 

Falling crude oil prices sent the markets tumbling to a sharply lower open with the Dow plummeting 159 points to 17,542. Nasdaq dropped 20 points to 5,046.


On the upside


Third quarter earnings for Kohl's (NYSE: KSS) beat analyst estimates.


Angie's List (Nasdaq: ANGI) received an unsolicited acquisition offer of $512 million in cash from IAC/Interactive (Nasdaq: IACI).


Shares of Sophiris Bio (Nasdaq: SPHS) continued climbing. 

 

On the downside


Freshpet (Nasdaq: FRPT) reported a greater than expected loss for the third quarter.


Axiom downgraded SunEdison (NYSE: SUNE) from a Hold rating to a Sell rating.


Derma Sciences (Nasdaq: DSCI) terminated its Phase 3 clinical trail of aclerastide to treat diabetic foot ulcers.


In the broad market, declining issues outpaced advancers by a margin of more than 4 to 1 on the NYSE and by nearly 4 to 1 on Nasdaq. The broader S&P 500 dropped 15 points to 2,059. Bitcoin climbed $25 to $328. 

Lower close as earnings disappoint

|

Disappointing earnings weighed the markets down to a lower close with the Dow falling 55 points to 17,702. Nasdaq lost 16 points to 5,067.


On the upside


Amira Nature Foods (NYSE: ANFI) products are now available at Shaw's Supermarkets.


Shares of Advanced Accelerator Applications (Nasdaq: AAAP) soared on its first trading day.


Digital Ally (Nasdaq: DGLY) narrowed third quarter losses. 

 

On the downside


Everyday Health (NYSE: EVDY) widened third quarter losses more than expected.


Seeking Alpha alleged that Eros International (NYSE: EROS) inflated its sales numbers.


Boot Barn Holdings (NYSE: BOOT) fell to a loss for the third quarter.


In the broad market, declining issues outpaced advancers by a margin of 4 to 3 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 lost 6 points to 2,075. Bitcoin added $3 to $307. 

The markets opened lower with the Dow losing 22 points to 17,735 as crude oil prices retreated. Nasdaq slipped 7 points to 5,075.


On the upside


Roundy's (NYSE: RNDY) will be acquired by Kroger (NYSE: KR) for a premium of approximately $800 million in cash including the assumption of debt.


Wayfair (NYSE: W) narrowed losses for the third quarter as revenue climbed prompting an upgrade.


ADT (NYSE: ADT) reported higher fourth quarter earnings that topped analyst estimates. 

 

On the downside


Express Scripts (Nasdaq: ESRX) sued Horizon Pharma (Nasdaq: HZNP) for $140 million for failing to honor a pharmaceutical manufacturer rebate agreement. Express Scripts also removed Linden Care, which dispenses drugs almost exclusively from Horizon, from its network of pharmacies.


Macy's (NYSE: M) disappointed with sharply lower third quarter earnings as revenue fell and cut its full year earnings outlook.


Shares of SunEdison (NYSE: SUNE) extended its losses.


In the broad market, advancing issues outpaced decliners by a margin of nearly 9 to 7 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 slipped a point to 2,080. Bitcoin dropped $26 to $305. 

The markets closed mixed with the Dow rising 27 points to 17,758 while Nasdaq slipped 12 points to 5,083 as investors continued to mull over a possible interest rate increase next month.


On the upside


VBI Vaccines (Nasdaq: VBIV) presented at the 16th Annual World Vaccine Congress Europe today.


TAL International (NYSE: TAL) will merge with Triton Container International in an all stock transaction.


TETRA Technologies (NYSE: TTI) will host an investor and analyst conference call on Thursday, November 12. 

 

On the downside


Aegerion Pharmaceuticals (Nasdaq: AEGR) widened losses for the third quarter.


Barrett Business Services' (Nasdaq: BBSI) independent auditor Moss Adams said that Barrett may have engaged in illegal activity and that Moss Adams would not be able to complete its review of Barrett's financial statements as of June 30, 2014.


Black Diamond (Nasdaq: BDE) fell to a loss for the third quarter.


In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 4 on the NYSE while decliners edged out advancers by nearly 10 to 9 on Nasdaq. The broader S&P 500 rose 3 points to 2,081. Bitcoin tumbled $40 to $336. 

The markets recovered early morning losses but continued trading in negative territory with the Dow slipping 5 points to 17,724 as crude oil prices edged up. Nasdaq lost 20 points to 5,074.


On the upside


SciClone Pharmaceuticals (Nasdaq: SCLN) reported higher third quarter earnings and revenue that surpassed expectations by a wide margin.


Bellicum Pharmaceuticals (Nasdaq: BLCM) widened losses for the third quarter but the company reported progress in the advancement of its stem cell transplant CAR-T and TCR programs.


McDermott International (NYSE: MDR) swung to a profit for the third quarter and the company announced that it won a large brownfield contract offshore Qatar. 

 

On the downside


SunEdison (NYSE: SUNE) posted a wider than expected loss for the third quarter.


RGS Energy (Nasdaq: RGSE) reported a loss for the third quarter as revenue dropped.


Amaya (Nasdaq: AYA) reported higher third quarter earnings and revenue but the company lowered its full year forecast.


In the broad market, declining issues outpaced advancers by a margin of nearly 10 to 9 on both the NYSE and on Nasdaq. The broader S&P 500 added a point to 2,079. Bitcoin dropped $22 to $353. 

The markets opened lower with the Dow falling 65 points to 17,665 over continued concerns of an interest rate increase. Nasdaq tumbled 43 points to 5,051.


On the upside


Astellas Pharma will pay a premium of $8.50 per share in cash to acquire Ocata Therapeutics (Nasdaq: OCAT).


Rackspace Hosting (Nasdaq: RAX) reported higher third quarter earnings and revenue that beat analyst expectations.


Atwood Oceanics (NYSE: ATW) announced that one of its ultra-deepwater drillships currently under construction will be contracted for a drilling program offshore Brazil. 

 

On the downside


Shares of Anavex Life Sciences (Nasdaq: AVXL) continued to drop.


Flotek Industries (NYSE: FTK) acknowledged that incorrect information was reported from its FracMax database.


Plug Power (Nasdaq: PLUG) stock extended its losses.


In the broad market, declining issues outpaced advancers by a margin of more than 10 to 9 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 slipped 2 points to 2,076. Bitcoin dropped $19 to $357. 

Concerns that the Federal Reserve will increase interest rates next month sent the markets plunging to a sharply lower close with the Dow sinking 179 points to 17,730. Nasdaq plummeted 51 points to 5,095.


On the upside


Isis Pharmaceuticals (Nasdaq: ISIS) reported positive results from a Phase 2 clinical trial of ISIS-APO(a).


Cytokinetics (Nasdaq: CYTK) presented data from a Phase 2 COSMIC-HF trial of omecamtiv mecarbil to treat patients with chronic heart failure.


Bloomberg reported that Canadian Pacific Railway was exploring the possible acquisition of Norfolk Southern (NYSE: NSC). 

 

On the downside


Citron Research tweeted that Mallinckrodt (NYSE: MNK) was worse than Valeant Pharmaceuticals (NYSE: VRX).


Shares of Aegerion Pharmaceuticals (Nasdaq: AEGR) fell ahead of its earnings release after market close.


Shares of LSB Industries (NYSE: LXU) extended its losses.


In the broad market, declining issues outpaced advancers by a margin of more than 4 to 1 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 tumbled 20 points to 2,078. Bitcoin rose $6 to $373. 

Markets extend losses at midday

|

The markets extended its losses during the midday with the Dow collapsing 210 points to 17,700. Nasdaq plunged 62 points to 5,084.


On the upside


Bargain hunters lifted shares of XOMA (Nasdaq: XOMA).


Bloomberg reported that Apache (NYSE: APA) rejected an unsolicited acquisition offer.


Shares of Celldex Therapeutics (Nasdaq: CLDX) extended its gains. 

 

On the downside


EV Energy Partners (Nasdaq: EVEP) fell to a loss for the third quarter as revenue plunged.


Calithera Biosciences (Nasdaq: CALA) will announced new clinical data for its anti-cancer therapeutic candidate CB-839.


Block & Leviton initiated an investigation into Flotek Industries (NYSE: FTK) for potential securities violations.


In the broad market, declining issues outpaced advancers by a margin of 6 to 1 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 plunged 25 points to 2,073. Bitcoin gained $8 to $375. 

The possibility of an interest rate increase in December sent the markets tumbling to a sharply lower open with the Dow plummeting 156 points to 17,753. Nasdaq dropped 44 points to 5,102.


On the upside


Iconix Brand (Nasdaq: ICON) reported a smaller than expected loss for the third quarter.


Plum Creek Timber (NYSE: PCL) will be acquired by Weyerhaeuser (NYSE: WY) for a premium of approximately $8.4 billion.


Horizon Pharma (Nasdaq: HZNP) forecast 2016 full year revenue ahead of estimates. 

 

On the downside


Kandi Technologies (Nasdaq: KNDI) disappointed with sharply lower third quarter earnings.


CommScope Holding (Nasdaq: COMM) fell to a loss for the third quarter as revenue slipped.


Anavex Life Sciences (Nasdaq: AVXL) reported positive data for ANAVEX 2-73 to treat Alzheimer's disease but analysts questioned the structure of the study.


In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 1 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 tumbled 19 points to 2,080. Bitcoin gained $11 to $378. 

The markets closed higher with the Dow gaining 46 points to 17,910 as the nation's unemployment rate fell to 5.0%. Nasdaq climbed 19 points to 5,147.


On the upside


ChannelAdvisor (NYSE: ECOM) narrowed third quarter losses and revenue rose prompting an upgrade.


Constellium (NYSE: CSTM) fell to a loss for the third quarter but revenue rose.


Lexicon Pharmaceuticals (Nasdaq: LXRX) narrowed third quarter losses more than expected and announced a collaboration and license agreement with Sanofi. 

 

On the downside


Third quarter earnings and revenue for Sierra Wireless (Nasdaq: SWIR) fell short of expectations.


Marinus Pharmaceuticals (Nasdaq: MRNS) priced its public offering of 5 million common shares oat the discounted price of $6.00 per share.


Pixelworks (Nasdaq: PXLW) narrowed losses for the third quarter but revenue slipped to miss expectations.


In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 3 on the NYSE while advancers edged out decliners by more than 5 to 3 on Nasdaq. The broader S&P 500 held steady at 2,099. Bitcoin held steady at $368. 

Markets lower as crude oil falls

|

Falling crude oil prices weighed the markets down during the midday with the Dow dropping 61 points to 17,802. Nasdaq slipped 5 points to 5,122.


On the upside


Horizon Pharma (Nasdaq: HZNP) reported higher third quarter earnings that surpassed analyst expectations by a wide margin and lifted its full year forecast.


TrueCar (Nasdaq: TRUE) narrowed losses more than expected for the third quarter as revenue rose.


Third quarter earnings for Stamps.com (Nasdaq: STMP) beat expectations by a wide margin as revenue climbed. 

 

On the downside


TCP International Holdings (NYSE: TCPI) delayed the release of its third quarter financial results due to an Audit Committee investigation.


Titan International (NYSE: TWI) widened losses more than expected for the third quarter as revenue dropped.


XOMA (Nasdaq: XOMA) reported a greater than expected loss for the third quarter.


In the broad market, declining issues outpaced advancers by a margin of more than 5 to 2 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 dropped 12 points to 2,087. Bitcoin added $1 to $388. 

The nation's unemployment rate fell to a seven year low but the markets opened lower with the Dow dropping 53 points to 17,809 as crude oil prices slipped. Nasdaq lost 12 points to 5,115.


On the upside


AstraZeneca (NYSE: AZN) will pay a premium of approximately $2.7 billion to acquire ZS Pharma (Nasdaq: ZSPH).


Weight Watchers (NYSE: WTW) reported better than expected third quarter earnings and revenue and lifted its full year earnings guidance.


Builders FirstSource (Nasdaq: BLDR) reported sharply higher third quarter earnings . 

 

On the downside


Iconix Brand Group (Nasdaq: ICON) must restate financial reports for the fourth quarter and annual results from 2013 through the second quarter of 2015.


The Men's Wearhouse (NYSE: MW) slashed its third quarter and full year earnings guidance as sales plunged at Jos. A. Bank.


LSB Industries (NYSE: LXU) widened third quarter losses more than expected.


In the broad market, declining issues outpaced advancers by a margin of more than 5 to 2 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 dropped 12 points to 2,087. Bitcoin fell $14 to $372. 

Jobless claims rose last week to send the markets down to a lower close with the Dow slipping 4 points to 17,863. Nasdaq lost 14 points to 5,127.


On the upside


Select Comfort (Nasdaq: SCSS) reported higher third quarter earnings and revenue that surpassed expectations.


Third quarter earnings for Shutterstock (NYSE: SSTK) topped analyst estimates as revenue rose.


GoDaddy (NYSE: GDDY) narrowed losses for the third quarter. 

 

On the downside


Enova International (NYSE: ENVA) disappointed with sharply lower third quarter earnings that fell far short of analyst expectations.


Third quarter earnings and revenue for ARC Document Solutions (NYSE: ARC) missed estimates.


Axcelis Technologies (Nasdaq: ACLS) swung to a profit for the third quarter but the company forecast current quarter results below expectations.


In the broad market, declining issues outpaced advancers by a margin of nearly 10 to 9 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 slipped 2 points to 2,099. Bitcoin lost $6 to $387. 

A drop in first time home buyers weighed the markets down during the midday with the Dow slipping 10 points to 17,856. Nasdaq lost 14 points to 5,127.


On the upside


Infosonics (Nasdaq: IFON) narrowed losses for the third quarter as revenue climbed.


Eyegate Pharmaceuticals (Nasdaq: EYEG) reported upbeat interim data from an ongoing Phase 1b/2a clinical trial of EGP-437 opthalmic solution in patients with macular edema.


Constellium (NYSE: CSTM) fell to a loss for the third quarter but revenue rose. 

 

On the downside


EnerNOC (Nasdaq: ENOC) disappointed with sharply lower third quarter earnings and revenue that fell short of expectations.


Bluebird bio (NYSE: BLUE) widened losses significantly as revenue plunged and the company released abstracts indicating mixed results for its LentiGoblin BB305 gene therapy.


Third quarter earnings plunged for ExamWorks Group (NYSE: EXAM).


In the broad market, advancing issues outpaced decliners by a margin of more than 10 to 9 on the NYSE while decliners edged out advancers by by nearly 5 to 4 on Nasdaq. The broader S&P 500 slipped 2 points to 2,100. Bitcoin rose $8 to $402. 

Mixed open as jobless claims rise

|

The markets opened mixed with the Dow rising 11 points to 17,878 while Nasdaq fell 16 points to 5,126 as first time applications for unemployment benefits rose last week.


On the upside


Facebook (Nasdaq: FB) reported higher third quarter earnings and revenue that surpassed analyst expectations.


Expedia (Nasdaq: EXPE) will pay a premium of approximately $3.9 billion in cash and stock to acquire HomeAway (Nasdaq: AWAY).


SolarEdge Technologies (Nasdaq: SEDG) reported sharply higher third quarter earnings and revenue that beat expectations. 

 

On the downside


FireEye (Nasdaq: FEYE) widened losses for the third quarter and cut its full year revenue forecast.


Castlight Health (NYSE: CSLT) reported a loss for the third quarter and forecast current quarter revenue below expectations.


Intersect ENT (Nasdaq: XENT) widened losses for the third quarter more than expected.


In the broad market, declining issues outpaced advancers by a margin of more than 9 to 7 on the NYSE by nearly 10 to 9 on Nasdaq. The broader S&P 500 eased a point to 2,100. Bitcoin lost $4 to $389. 

The markets closed lower with the Dow falling 50 points to 17,867 as the possibility of an interest rate increase in December loomed. Nasdaq slipped 2 points to 5,142.


On the upside


BioScrip (Nasdaq: BIOS) narrowed losses for the third quarter as revenue rose.


Five9 (Nasdaq: FIVN) narrowed third quarter losses more than expected as revenue rose.


BroadSoft (Nasdaq: BSFT) reported a smaller than expected loss for the third quarter. 

 

On the downside


Foundation Medicine (Nasdaq: FMI) widened losses more than expected even as revenue rose.


Criteo (Nasdaq: CRTO) disappointed with sharply lower third quarter earnings that fell short of expectations.


Third quarter earnings and revenue for Sucampo Pharmaceuticals (Nasdaq: SCMP) missed estimates.


In the broad market, declining issues outpaced advancers by a margin of 3 to 2 on the NYSE by nearly 10 to 9 on Nasdaq. The broader S&P 500 lost 7 points to 2,102. Bitcoin surged $41 to $428. 

Federal Reserve chair Janet Yellen's comment that an interest rate increase in December was a very likely possibility sent the markets down during the midday with the Dow dropping 79 points to 17,838. Nasdaq lost 18 points to 5,126.


On the upside


Shares of Genetic Technologies (Nasdaq: GENE) continued climbing.


Energy Focus (Nasdaq: EFOI) swung to a better than expected profit for the third quarter as revenue climbed.


Diplomat Pharmacy (NYSE: DPLO) impressed with sharply higher third quarter earnings and revenue that surpassed expectations prompting the company to lift its full year forecast. 

 

On the downside


FARO Technolgies (Nasdaq: FARO) fell to a loss for the third quarter as revenue dropped.


Avon (NYSE: AVP) fell to a greater than expected third quarter loss as revenue tumbled.


United States Steel (NYSE: X) reported a wider than expected loss for the third quarter.


In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE by more than 10 to 9 on Nasdaq. The broader S&P 500 dropped 12 points to 2,097. Bitcoin soared $58 to $443. 

Flat open as crude oil slips

|

The markets opened flat with the Dow adding 8 points to 17,926 as crude oil prices slipped. Nasdaq rose 4 points to 5,149.


On the upside


MaxLinear (NYSE: MXL) reversed year ago losses to post a stronger than expected profit for the third quarter and forecast current quarter revenue ahead of estimates.


Paycom Software (NYSE: PAYC) reported higher third quarter earnings and revenue that topped analyst estimates.


Lumber Liquidatos (NYSE: LL) fell to a loss for the third quarter but the company named John Presley as part of its strategy to return to profitability. 

 

On the downside


Groupon (Nasdaq: GRPN) widened losses for the third quarter and appointed Rich Williams to the position of chief executive officer.


Enphase Energy (Nasdaq: ENPH) reported lower third quarter earnings that missed expectations and forecast current quarter revenue below estimates.


Plains GP (NYSE: PAGP) disappointed with lower third quarter earnings and revenue that fell short of expectations.


In the broad market, declining issues outpaced advancers by a margin of 10 to 9 on the NYSE while advancers edged out decliners by more than 10 to 9 on Nasdaq. The broader S&P 500 slipped a point to 2,108. Bitcoin leaped $79 to $466. 

The markets closed higher with the Dow gaining 89 points to 17,918 as crude oil prices advanced. Nasdaq climbed 17 points to 5,145.


On the upside


Rising crude oil prices lifted shares of Bonanza Creek Energy (NYSE: BCEI).


Sanmina (Nasdaq: SANM) reported sharply higher fourth quarter earnings that topped analyst estimates and forecast current quarter earnings above expectations.


NeoPhotonics (NYSE: NPTN) swung to a greater than expected profit for the third quarter. 

 

On the downside


Demandware (NYSE: DWRE) widened third quarter losses even as revenue rose.


Shares of Encore Capital Group (Nasdaq: ECPG) fell ahead of its earnings release after market close on Thursday.


Targa Resources (NYSE: TRGP) will buy all the outstanding common units of Targa Resource Partners (NYSE: NGLS) that it does not already own.


In the broad market, advancing issues outpaced decliners by a margin of 7 to 5 on the NYSE and by nearly 3 to 2 on Nasdaq. The broader S&P 500 gained 5 points to 2,109. Bitcoin soared $35 to $385. 

Markets advance as crude oil rises

|

Rising crude oil prices lifted the markets during the midday with the Dow climbing 86 points to 17,915. Nasdaq gained 20 points to 5,147.


On the upside


Bonso Electronics International (Nasdaq: BNSO) swung to a profit for the six month period ended September 30, 2015.


Shares of Emerge Energy Services (NYSE: EMES) surged ahead of its earnings release tomorrow before markets open.


Unit (NYSE: UNT) reported a smaller than expected loss for the third quarter. 

 

On the downside


Textainer Group Holdings (NYSE: TGH) disappointed with sharply lower third quarter earnings the fell far short of analyst expectations and cut its dividend.


Third quarter earnings for TASER International (Nasdaq: TASR) plunged to miss estimates.


Fidelity National Information Services (NYSE: FIS) reported lower third quarter revenue that fell short of estimates.


In the broad market, advancing issues outpaced decliners by a margin of 5 to 4 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 rose 4 points to 2,108. Bitcoin jumped $47 to $397. 

Mixed open on earnings news

|

The markets markets opened mixed with the Dow rising 31 points to 17,860 while Nasdaq slipped 3 points to 5,123 as investors digested earnings news.


On the upside


Activision Blizzard (Nasdaq: ATVI) will pay a premium of approximately $5.9 billion in cash to acquire Candy Crush creator King Digital Entertainment (NYSE: KING).


RetailMeNot (Nasdaq: SALE) reported better than expected third quarter earnings and revenue.


Shares of XOMA (Nasdaq: XOMA) rose ahead of its earnings release Thursday after market close. 

 

On the downside


AMAG Pharmaceuticals (Nasdaq: AMAG) fell to a loss for the third quarter.


Navios Maritime Partners (NYSE: NMM) disappointed with lower third quarter earnings that fell short of expectations.


Third quarter earnings for Avis Budget Group (Nasdaq: CAR) missed analyst estimates.


In the broad market, declining issues outpaced advancers by a margin of 7 to 5 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 lost 5 points to 2,099. Bitcoin leaped $32 to $382. 

The markets closed sharply higher with the Dow leaping 165 points to 17,828 as investors welcomed corporate consolidations. Nasdaq rocketed 73 points to 5,127.


On the upside


Bargain hunters snapped up shares of Constellium (NYSE: CSTM).


Barron's wrote over the weekend that Pfizer (NYSE: PFE) was poised for growth.


Shares of Exxon Mobil (NYSE: XOM) extended its gains. 

 

Bargain hunters lifted shares of Second Sight Medical Products (Nasdaq: EYES).


On the downside


Investors continued to lock in profits on Ellie Mae (NYSE: ELLI).


Accuride (NYSE: ACW) disappointed with lower third quarter earnings that fell short of analyst expectations and forecast full year revenue below estimates.


In the broad market, advancing issues outpaced decliners by a margin of more than 4 to 1 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 leaped 24 points to 2,104. Bitcoin jumped $29 to $346. 

Markets extend gains at midday

|

The markets advanced during the midday with the Dow surging 116 points to 17,779. Nasdaq leaped 63 points to 5,117.


On the upside


Credit Suisse initiated coverage of the newly formed HP (NYSE: HPQ) with an Outperform rating and a $19 price target.


Citron Research failed to release additional fraud allegations against Valeant Pharmaceuticals (Nasdaq: VRX) after promising that more charges would be made public.


NorthStar Realty Finance (NYSE: NRF) completed the spin-off of NRE, the company's European real estate business and completed its one-for-two reverse stock split.


On the downside


Ceragon Networks (Nasdaq: CRNT) swung to a profit for the third quarter but the results fell short of expectations.


Green Brick Partners (Nasdaq: GRBK) cut its full year earnings outlook.


Profit taking sent shares of Qunar Cayman Islands (Nasdaq: QUNR) tumbling. 

 

In the broad market, advancing issues outpaced decliners by a margin of more than 4 to 1 on the NYSE and by more than 7 to 2 on Nasdaq. The broader S&P 500 soared 18 points to 2,098. Bitcoin surged $15 to $333. 

Higher open on M&A activity

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Merger and acquisition news lifted the markets to a higher open with the Dow climbing 75 points to 17,739. Nasdaq gained 34 points to 5,087.


On the upside


Shire (Nasdaq: SHPG) will pay a premium of approximately $5.9 billion in cash to acquire Dyax (Nasdaq: DYAX).


MedAssets (Nasdaq: MDAS) will be taken private by Pamplona Capital Management in a deal valued at approximately $2.7 billion.


TDK will purchase Hutchinson Technology (Nasdaq: HTCH) for a base consideration of $3.62 per share.


On the downside


Endurance International (Nasdaq: EIGI) widened third quarter losses more than expected and announced plans to acquire Constant Contact (Nasdaq: CTCT) for approximately $1.1 billion.


Visa (NYSE: V) will pay approximately $23.4 billion to purchase Visa Europe.


Treehouse Foods (NYSE: THS) will buy ConAgra Foods' (NYSE: CAG) private brands business for approximately $2.7 billion. 

 

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 climbed 11 points to 2,090. Bitcoin soared $10 to $327. 

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